• English
  • Lithuanian
Valdymo koordinavimo centras Governance Coordination Centre

State Owned Enterprises

UAB ,,Genetiniai ištekliai“ carries out its continuous activities t. y. breeding of promising beef and dairy cattle; seed production of cereals, fiber and oilseeds, experimental, educational and experimental economic activities, protects and breeds gene-stocked Lithuanian black-headed sheep by the closed population method. Created and expands the selection nucleus of Lithuanian local coarse sheep, performs controlled fattening of lambs.

KEY FINANCIAL PERFORMANCE INDICATORS FOR THE PERIOD 2022-2024

  • Average annual profitability:
    • 2022–2024 ≥ 2,8 percent.
  • Annual ratio of total liabilities to equity:
    • 2022–2024 limit 0,2–0,3 times

TARGETED SPECIFIC INDICATORS FOR THE PERIOD 2022-2024

  • Return on equity ROE,%:
    • 2022 – 2,7
    • 2023 – 3,1
    • 2024 – 4,1
  • Return on equity ratio, sometimes:
    • 2022 – 0,9
    • 2023 – 0,95
    • 2024 – 1,0
  • Number of gene pooled Lithuanian black-headed lambs, units:
    • 2022 – 824
    • 2023 – 830
    • 2024 – 835
  • Average milk yield per cow per year, t.:
    • 2022 – 9,5
    • 2023 – 9,6
    • 2024 – 9,7
  • Retention of employees,%:
    • 2022 – 90
    • 2023 – 92
    • 2024 – 93

          2020 GOOD CORPORATE GOVERNANCE INDEX          

Sk – Transparency dimension
KO – Board dimension
SP – Strategic planning and target achievement dimension
GI – Good governance ratio

Expectations of the state

Target return on equity undefined

About the company

  • Official nameUAB "Genetiniai ištekliai"
  • Legal formPrivate limited liability company (UAB)
  • Company code304979983
  • SectorOther
  • Line of businessHorticulture and animal husbandry
  • Institution representing the StateMinistry of Agriculture
  • Share belonging to the State100%
Return to the State

69 EUR thousand

ROE

3.3%

Number of employees

62

Financial data provided as at end-December 2021

UAB „Šeduvos avininkystė“ and UAB „Upytės eksperimentinis ūkis“ were reoganized and merged into new company - UAB „Genetiniai ištekliai“, which was registered in the Register of Legal Entities on 2 January 2019.

Management

  • Audrius ZalatorisDirector General

Information as of: 2022/09/01

Board of Directors

CHAIRMAN OF THE BOARD OF DIRECTORS

  • Rūta LiaubienėUAB SIRIN Development; Independent member

MEMBERS OF THE BOARD OF DIRECTORS

  • Kostas BaužaMinistry of Agriculture
  • Jolita ČičiurkienėMinistry of Agriculture
  • Ramūnas AntanaitisLSMU; Independent member

Information as of: 2022/09/01